Wuhan flu – pandemic potential?

The Wuhan Coronavirus has the potential to damage asset prices like SARS did. We would need greater evidence that it is as deadly and as contagious. For the moment we do not have this data. But we believe, despite the Chinese authorities being more proactive and open, that the number of cases is being under-reported. We would take a wary stance on Asian markets until this is resolved after Chinese New Year.

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